Registered Number SC374152

A & J FORSYTH LIMITED

Abbreviated Accounts

31 March 2016

A & J FORSYTH LIMITED Registered Number SC374152

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Called up share capital not paid 2 2
Fixed assets
Tangible assets 2 22,106 49,655
22,106 49,655
Current assets
Stocks 74,712 78,560
Debtors 3 73,304 77,403
Cash at bank and in hand - 10,102
148,016 166,065
Creditors: amounts falling due within one year 4 (121,536) (132,797)
Net current assets (liabilities) 26,480 33,268
Total assets less current liabilities 48,588 82,925
Total net assets (liabilities) 48,588 82,925
Capital and reserves
Called up share capital 5 1 1
Share premium account 38,734 39,126
Profit and loss account 9,853 43,798
Shareholders' funds 48,588 82,925
  • For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 July 2017

And signed on their behalf by:
Andrew Forsyth, Director
Jackie Forsyth, Director

A & J FORSYTH LIMITED Registered Number SC374152

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the companies Act 2006 relating to small companies

Turnover policy
Turnover represents net invoiced sales of goods excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated life.

Intangible assets amortisation policy
Not applicable.

Valuation information and policy
Rentals and leases are charged to the profit and loss account on a straight line basis.

Other accounting policies
The profit and loss is stated after charging ( crediting ) Directors remuneration and other benefits.

2Tangible fixed assets
£
Cost
At 1 April 2015 49,655
Additions -
Disposals (27,549)
Revaluations -
Transfers -
At 31 March 2016 22,106
Depreciation
At 1 April 2015 -
Charge for the year -
On disposals -
At 31 March 2016 -
Net book values
At 31 March 2016 22,106
At 31 March 2015 49,655

sale of redundant plant following water damage

3Debtors
2016
£
2015
£
Debtors include the following amounts due after more than one year 1,200 1,680

RETENTION ACCOUNT

4Creditors
2016
£
2015
£
Secured Debts 30,000 30,000
5Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1 Ordinary shares of £4 each 4 4